BTC Update. Support has dropped, but ascension may remain.

BTC Update. Support has dropped, but ascension may remain.

Bitcoin / Dollar BITFINEX:BTCUSD


Ascending channel meets strong resistance point.

Has bounced of fib and will hopefully continue until meeting resistance point again (Technicals currently indicate buy)

Watch for break of support line and update stops often

Note: BTC             had an identical scenario earlier in the ascending channel when it met strong resistance point and continued to soar. Anything is possible

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